Date:
04/05/2024
Time:
22:35
Source:
Bitcoin.com
Block Is Buying Bitcoin Every Month for Its Balance Sheet

Block Inc. has announced its strategy of regularly purchasing bitcoin for its corporate balance sheet via dollar-cost averaging (DCA). The company plans to allocate 10% of its monthly gross profit from bitcoin products towards investments in the cryptocurrency. “We view bitcoin as an instrument of global economic empowerment; it is a way for individuals around […]

This full article can be read on Bitcoin.com here: https://news.bitcoin.com/block-is-buying-bitcoin-every-month-for-its-balance-sheet/